Induction Healthcare Group Plc Acquires Horizon Strategic Partners Limited

  • Nov 06, 2019 GMT
  • Team Kalkine
  • Induction Healthcare Group Plc (INHC) has acquired Horizon Strategic Partners Limited.
  • The acquisition is made for a total consideration of up to £2.5 million, comprising an initial payment of £1 million.
  • The terms of the acquisition also include a deferred contingent consideration of up to £1.5 million to be settled for cash and shares of the company determined by performance deliverables before 30 September 2020.
  • On 6th November 2019, at the time of writing, GMT 11:49 AM, INHC shares were trading at GBX 117.50, flat against the previous day closing price.

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